Rex Minerals Limited engages in the exploration, evaluation, and development of mineral properties in Australia.
Rex Minerals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.26|
|52 Week High||AU$0.12|
|52 Week Low||AU$0.47|
|1 Month Change||-7.27%|
|3 Month Change||-32.90%|
|1 Year Change||75.86%|
|3 Year Change||203.57%|
|5 Year Change||466.67%|
|Change since IPO||-15.00%|
Recent News & Updates
We Think Rex Minerals (ASX:RXM) Can Afford To Drive Business Growth
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Companies Like Rex Minerals (ASX:RXM) Are In A Position To Invest In Growth
We can readily understand why investors are attracted to unprofitable companies. By way of example, Rex Minerals...
|RXM||AU Metals and Mining||AU Market|
Return vs Industry: RXM exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: RXM exceeded the Australian Market which returned 21.1% over the past year.
Stable Share Price: RXM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: RXM's weekly volatility (12%) has been stable over the past year.
About the Company
Rex Minerals Limited engages in the exploration, evaluation, and development of mineral properties in Australia. The company explores for copper, gold, and iron ore deposits. Its flagship project is the Hillside project located in Yorke Peninsula, South Australia.
Rex Minerals Fundamentals Summary
|RXM fundamental statistics|
Is RXM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RXM income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.015|
|Net Profit Margin||0.00%|
How did RXM perform over the long term?See historical performance and comparison
Is Rex Minerals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RXM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RXM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RXM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: RXM is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RXM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RXM is overvalued based on its PB Ratio (5x) compared to the AU Metals and Mining industry average (2.6x).
How is Rex Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rex Minerals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Rex Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RXM is currently unprofitable.
Growing Profit Margin: RXM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RXM is unprofitable, and losses have increased over the past 5 years at a rate of 22% per year.
Accelerating Growth: Unable to compare RXM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RXM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: RXM has a negative Return on Equity (-29.12%), as it is currently unprofitable.
How is Rex Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: RXM's short term assets (A$9.9M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: RXM's short term assets (A$9.9M) exceed its long term liabilities (A$115.0K).
Debt to Equity History and Analysis
Debt Level: RXM is debt free.
Reducing Debt: RXM had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RXM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RXM has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 0.1% each year.
What is Rex Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RXM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RXM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RXM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RXM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RXM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Richard Laufmann (57 yo)
Mr. Richard Laufmann, B. Eng. (Mining), MAICD, MAusIMM, had been the Chief Executive Officer and Managing Director of Indophil Resources NL since June 13, 2007. He had been a Non-Executive Director of Indo...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD309.82K) is about average for companies of similar size in the Australian market ($USD303.55K).
Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.
Experienced Management: RXM's management team is seasoned and experienced (6.1 years average tenure).
Experienced Board: RXM's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RXM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 56.6%.
Rex Minerals Limited's employee growth, exchange listings and data sources
- Name: Rex Minerals Limited
- Ticker: RXM
- Exchange: ASX
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$150.277m
- Shares outstanding: 589.32m
- Website: https://www.rexminerals.com.au
- Rex Minerals Limited
- 68 St Vincent Highway
- Pine Point
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:14|
|End of Day Share Price||2021/10/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.